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Hello BP,
I ran across a potential flipping opportunity and I wanted to run the numbers by everyone to see if I should pursue.
List Price: $70K
Purchase Cost: $5K
Construction: $70K*
S...
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I own my home outright and was considering using the equity in my home to invest in my first property. Good idea? It seems like that’s what most investors do with their properties but assumed there were some cons when...
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Rent control can have significant implications for real estate investors, both positive and negative, depending on the specifics of the rent control laws and the investor's strategy. Here’s a detailed breakdown of how...
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Hello BP'ers !I'm currently under contract on my first investment property and will close on January 12th 2024. I live in Virginia in the Hampton roads area but have went under contract on a 6/2 2700 sq ft house in El...
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I’m curious if anyone has experience or can provide insight on putting a new manufactured or modular home on vacant land for a long term rental. Pros/cons? I am investing in North Florida (greater Jacksonville) and se...
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I'm a new member but I have a CPA and Masters in Accountancy and Master in Taxation.I saw people posting about cost seg decisions and thought I would share some thing I had learned from others1) The cost seg savings m...
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Does anyone have any experience with Cost Segregation Authority, Engineered Tax Services or Baker Tilly?
I've gotten some estimates and a study and seeing wildly differing numbers as far as tax savings as well as...
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Hi Everyone,I purchased a property to flip about a year ago. Prior to purchase, as is customary in NJ, I had a tank sweep company come investigate the property. They indicated that there were no oil tanks on the pro...
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Some input please...I have a 3/2 SFR on one acre in San Marcos TX under contract. Was getting a rehab loan for purchase price 170K plus 20K of rehab funds with plan to refi out once rented, planning to hold on to the ...
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I released my general contractor a few weeks ago for failing to stick to his timeline and today I have been contacted by two of his sub contractors asking me for payment. I told them that they needed to speak with him...